Nigeria, Sept. 4 -- The Lagos State High Court in Tapa, on Thursday sentenced five persons to seven years in prison each for defrauding a company, Chi Limited, of millions of naira.

Trial judge Kudirat Jose convicted Yinka Salawu, Joshua Oluremi Daramola, Raji Ahmed, Afolabi Israel Olusegun and Muraina Olanrewaju Abdullahi after finding them guilty on three counts.

The judge also ordered the five convicts to repay Chi Limited the amounts established in the charges, after deducting any money they had already paid to the company.

The Economic and Financial Crimes Commission (EFCC) prosecuted the defendants on a six counts of conspiracy to obtain money by false pretence, obtaining money by false pretence and forgery.

The case dates back ...